1517 Joe Mann Blvd | Midland, MI 48642
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- LoopNet Team
1517 Joe Mann Blvd
Midland, MI 48642
Double-Digit Cap Rate - NN Staples · Retail Property For Sale
Investment Highlights
- New NN Lease Extension through April 2026
- Essential Business - During COVID-19 office supply chains have seen substantial uptick in sales in-store and digitally
- Excellent household incomes: $130,000+
- Strong tenant commitment - Staples has operated at this location since 1998
- Located in the center of the retail corridor and surrounded by Meijer, Target, Kohl's, Home Depot, Walmart, Lowe's, and many more
- Strong traffic counts surrounding: 25,667 VPD on Eastman Ave
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,256 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
2.54 AC
Zoning
RC
Parking
99 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
100 FT on Joe Mann Blvd
PROPERTY TAXES
| Parcel Number | 11-33-60-120 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $900,900 |
PROPERTY TAXES
Parcel Number
11-33-60-120
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$900,900
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